STATE BANK CALLS FOR CREDIT PRIORITY FOR RICE PRODUCTION AND EXPORT IN THE MEKONG DELTA

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STATE BANK CALLS FOR CREDIT PRIORITY FOR RICE PRODUCTION AND EXPORT IN THE MEKONG DELTA

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The State Bank (SBV) requires banks and credit institutions in the Mekong Delta region to promote lending to ensure sufficient capital for rice production, processing, trading and export.

They are instructed to simplify administrative procedures, shorten loan approval time, and diversify credit products.

The SBV requires credit institutions and banks to proactively work with entrepreneurs, businesses, and producers to identify measures to overcome difficulties and create conditions for customers to access credit for production. , purchasing, processing, and storing rice for export.

Promote the implementation of credit policies of the Government and State Bank on promoting agricultural and rural development, including policies related to lending for rice export activities and preferential credit for some fields, including rice products.

 

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